Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Details 2)

v3.7.0.1
Stockholders' Equity (Details 2) - Employee Stock Option [Member] - $ / shares
3 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Expected term of stock option (years) [1] 2 years 5 years
Expected volatility [2] 76.10% 67.70%
Stock price at date of issuance $ 2.14 $ 2.50
Risk-free interest rate 1.40% 1.16%
Dividend yields 0.00% 0.00%
[1] As the Company has insufficient historical data on which to estimate the expected term of the options, the Company has elected to apply the short-cut method to determine the expected term under the guidance of Staff Accounting Bulletin No. 110.
[2] As the Company has insufficient historical data on which to estimate expected future share price volatility, the Company has estimated expected share price volatility based on the historical share price volatility of comparable entities.